Jan. 31 (Bloomberg) -- UBS AG, Switzerland’s biggest bank, appointed Mahmoud Abdulhadi as chief executive officer in Saudi Arabia.
Abdulhadi will replace Mohamed Sammakia, who will return to London after being in Saudi Arabia for three years, according to an internal memo obtained by Bloomberg News. A spokesman for the bank confirmed the appointment.
Abdulhadi will report to Tony Iliya, group chief executive for the Middle East and North Africa.
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